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Question: 16. Real GDP may increase even when total production remains constant because (i) There might be a shift in the economy from household production

Question:

16. Real GDP may increase even when total production remains constant because

(i) There might be a shift in the economy from household production to market production.

(ii) Some illegal market transactions are legalized.

a. (i) only

b. Both (i) and (ii)

c. Neither (i) nor (ii)

d. (ii) only

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Question 16 5 pts Real GDP may increase even when total production remains constant because (i) There might be a shift in the economy from household production to market production. (ii) Some illegal market transactions are legalized. C (i) only Both (i) and (ii) Neither (i) nor (ii) C (ii) only

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